Modern Shares & Stockbrokers (BOM:509760) ROE % Adjusted to Book Value: -3.18% (As of Mar. 2026)

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Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:509760 Modern Shares & Stockbrokers Ltd BOM:509760
66 GF Score
Price ₹32.04
GF Value ₹40.97
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Modern Shares & Stockbrokers ROE % Adjusted to Book Value?

Modern Shares & Stockbrokers BOM:509760 -3.78% 66 ROE % Adjusted to Book Value is -3.18% as of Mar. 2026. GuruFocus rates BOM:509760 with a GF Score™ of 66/100 and a GF Value™ of ₹40.97 (Modestly Undervalued). The stock has 5 warning signs investors should review.

Modern Shares & Stockbrokers's ROE % for the quarter that ended in Mar. 2026 was -1.91%. Modern Shares & Stockbrokers's PB Ratio for the quarter that ended in Mar. 2026 was 0.60. Modern Shares & Stockbrokers's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 was -3.18%.


Modern Shares & Stockbrokers ROE % Adjusted to Book Value Related Terms


Modern Shares & Stockbrokers ROE % Adjusted to Book Value Historical Data

* Premium members only.

The historical data trend for Modern Shares & Stockbrokers's ROE % Adjusted to Book Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Modern Shares & Stockbrokers ROE % Adjusted to Book Value Chart

Modern Shares & Stockbrokers Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROE % Adjusted to Book Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.88 4.00 3.87 1.61 2.57

Modern Shares & Stockbrokers Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % Adjusted to Book Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.39 0.00 5.09 0.00 -3.18

BOM:509760 vs MS, GS, SCHW: ROE % Adjusted to Book Value Comparison

For the Capital Markets subindustry, Modern Shares & Stockbrokers's ROE % Adjusted to Book Value, along with its competitors' market caps and ROE % Adjusted to Book Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Modern Shares & Stockbrokers ROE % Adjusted to Book Value vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Modern Shares & Stockbrokers's ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where Modern Shares & Stockbrokers's ROE % Adjusted to Book Value falls into.


BOM:509760
66GF Score
Modern Shares & Stockbrokers Ltd BOM:509760
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Modern Shares & Stockbrokers ROE % Adjusted to Book Value Calculation

Modern Shares & Stockbrokers's ROE % Adjusted to Book Value for the fiscal year that ended in Mar. 2026 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=1.54% / 0.60
=2.57%

Modern Shares & Stockbrokers's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=-1.91% / 0.60
=-3.18%

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a ROE % Adjusted to Book Value of -3.18% mean?
Modern Shares & Stockbrokers (BOM:509760) has a ROE % Adjusted to Book Value of -3.18% as of Mar. 2026. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Modern Shares & Stockbrokers and its competitors.
Is Modern Shares & Stockbrokers' ROE % Adjusted to Book Value too high?
Modern Shares & Stockbrokers' current ROE % Adjusted to Book Value is -3.18%. Overall, Modern Shares & Stockbrokers has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Modern Shares & Stockbrokers' ROE % Adjusted to Book Value compare to MS and GS?
Modern Shares & Stockbrokers' ROE % Adjusted to Book Value of -3.18% can be compared against companies in the Capital Markets industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % Adjusted to Book Value for a Capital Markets company?
A good ROE % Adjusted to Book Value depends on the Capital Markets industry context. However, ROE % Adjusted to Book Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % Adjusted to Book Value mean?
A high ROE % Adjusted to Book Value can signal that a stock is expensive relative to its fundamentals. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Modern Shares & Stockbrokers and its competitors. Modern Shares & Stockbrokers's current ROE % Adjusted to Book Value is -3.18%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Modern Shares & Stockbrokers stock overvalued right now?
Based on GuruFocus' analysis, Modern Shares & Stockbrokers (BOM:509760) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹40.97, compared to a current price of ₹32.04 — trading 21.8% below its estimated fair value. The current ROE % Adjusted to Book Value is -3.18%. Modern Shares & Stockbrokers' overall GF Score™ is 66/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % Adjusted to Book Value calculated?
ROE % Adjusted to Book Value is calculated from a company's financial statements. For Modern Shares & Stockbrokers (BOM:509760), the current ROE % Adjusted to Book Value is -3.18% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Modern Shares & Stockbrokers (BOM:509760) Overvalued in 2026?

Based on GuruFocus' analysis, Modern Shares & Stockbrokers stock appears to be undervalued. The current stock price of ₹32.04 is trading 21.8% below its estimated GF Value™ of ₹40.97. GuruFocus considers Modern Shares & Stockbrokers to be Modestly Undervalued.

Key valuation signals for BOM:509760:

  • ROE % Adjusted to Book Value: -3.18%
  • GF Value™: ₹40.97 vs. price of ₹32.04 (21.8% below fair value)
  • GF Score™: 66/100 with 5 warning signs

No single metric tells the full story. See the BOM:509760 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Modern Shares & Stockbrokers Business Description

Address D Road, Staircase No.13, Wankhede Stadium, North Stand, Churchgate, Mumbai, MH, IND, 400020
Modern Shares & Stockbrokers Ltd mainly provides stock broking services in India. It offers a range of services covering retail broking, mutual fund distribution, and research and advisory services.
66GF Score

Get the complete analysis for BOM:509760

ROE % Adjusted to Book Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹32.04
Price
₹40.97
GF Value